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    Hwy 5 & Pennsylvania Ave Melissa, TX 75454
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    Property profile & analytics

    Hwy 5 & Pennsylvania Ave, Melissa, TX 75454

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    • Retail properties & Spaces
    • 1 SF
    • 12.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Hwy 5 & Pennsylvania Ave

    Lot size
    12.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 12-acre commercial land parcel presents a rare opportunity for retail development in the thriving city of Melissa, Texas. Located at the strategic intersection of Highway 5 and Pennsylvania Avenue in Collin County, this property offers unparalleled visibility and accessibility. The site is divided into two available pad sites, ranging from 5 to 6 acres each, providing flexibility for various retail concepts. With a total land area of 12 acres, this property offers ample space for substantial development. The "Owens Crossing" location boasts a prime position within a rapidly growing area, ensuring high traffic volume and strong potential for return on investment. The property is zoned for commercial use, simplifying the development process. Utilities are available, and the site is ready for immediate development. This is an ideal location for businesses seeking to establish a strong presence in a dynamic and expanding market. The property's location in Collin County, Texas, offers access to a robust infrastructure and a thriving community. This is a unique opportunity to acquire a significant retail land parcel in a high-growth area. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime location for your next retail venture.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Melissa
    County
    Collin
    State
    Texas
    Longitude
    -96.5692
    Latitude
    33.2949
    More about this property
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